Business Maverick: TikTok owner spends record $2.14 million on US lobbying

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The video-streaming sensation has been the object of increasing scrutiny from lawmakers and officials who have expressed concerns in recent months over the data privacy granted to US users and whether their personal information can be accessed by the ...

ByteDance, the Chinese parent company of social media video streaming sensation TikTok, spent a record $2.14 million on lobbying during the second quarter as it sought to fend off escalating congressional attacks over its privacy and security practices.

TikTok has been the object of increasing scrutiny from lawmakers and officials who have expressed concerns in recent months over the data privacy granted to US users and whether their personal information can be accessed by the Chinese government.

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